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'Be Afraid': Largest Corporations Wealthier Than Most Countries
Corporations are running the world, according to new figures released Monday from the U.K.-based Global Justice Now. "As multinationals increasingly dominate areas traditionally considered the primary domain of the state, we should be afraid." —Aisha Dodwell, Global Justice Now The economic and...
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Call to 'Save Oceans, Protect Workers' Goes Airborne as Greenpeace Targets Walmart
Greenpeace activists converged in Fayetteville, Arkansas this week to call attention to global human rights abuses and environmental damage caused by retail giant Walmart ahead of the company's annual shareholders' meeting. The environmental group flew its thermal airship over the company's world...
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With 269 Stores Closing, Is this the Beginning of the End for Walmart?
All great empires eventually fall. This is as true in retail as it is in geopolitics. Often the descent into oblivion takes decades. A&P, which was once such a formidable market power that it was the subject of antitrust hearings in Congress, began to falter in the 1950s, some 80 years after...
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'Huge Victory': Walmart Illegally Fired Striking Workers, Judge Rules
In a "huge victory" for workers, a National Labor Relations Board (NLRB) judge ruled Thursday that Walmart illegally fired 16 associates who took part in a 2013 strike outside the company's headquarters and must offer to reinstate them. NLRB Administrative Law Judge Geoffrey Carter said Thursday...
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'Mind-Blowing Abuse of Power': Walmart Spied on Workers With FBI, Lockheed Martin's Help
Retail giant Walmart enlisted the help of a private military contractor and the FBI to spy on workers pushing for a $15 hourly wage and organizing Black Friday protests in 2012 and 2013, newly released documents (pdf) reveal. "We are fighting for all workers to be paid a fair wage and enough hours...
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Exposed: How Walmart Spun an 'Extensive and Secretive Web' of Overseas Tax Havens
Walmart has built a vast, undisclosed network of overseas tax havens—accounting for more than $76 billion of assets—that allows the multinational corporation to shirk public disclosure laws as well as its fair share of both foreign and U.S. taxes, according to a groundbreaking report published...
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Here Are All the Reasons Walmart’s Business Is Not Sustainable
You probably paid a cheap price for those groceries at Walmart this week, but you almost certainly didn’t pay a fair price. Walmart is a case study of how the “free market” can distort the value of a basic human need: Every price tag in Walmart’s food inventory—which accounts for a quarter of the...
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Walmart Workers to Earn $10 an Hour; Walmart Heirs "Earn" $445,776 an Hour
Over the last three years, strikes and pickets by Walmart’s low-wage employees have steadily expanded. Last Black Friday, protests were staged at more than 1,000 Walmart stores across the U.S. Dozens of employees were arrested. Late last month, the nation’s largest private employer finally...
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What You Should Know About Walmart’s Raise
Remember when Walmart got panned for running a Thanksgiving food drive for its own employees—overlooking the irony of demonstrating noblesse oblige by asking customers to subsidize the workers the company itself impoverished? The retail giant took a more strategic approach last week when rolling...
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This Is Black Friday in Bangladesh
Walmart marks the holiday season this Friday with deals on its Faded Glory women’s sweaters. But this time of year marks a different occasion in another corner of Walmart’s empire: In Bangladesh, survivors and families remember the second anniversary of a massive fire at the Tazreen factory on the...
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